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2024-12-31-accounts

Trustees’ Annual Report for the period

From Period start 1[st] January 2024 To Period end 31[st] December 2024

Charity name: Vertical Church Yeovil

Charity registration number: 117354

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 THE ADVANCEMENT OF THE
CHRISTIAN RELIGION ABOUT THE
CHRISTIAN RELIGION
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
MAINLY, BUT NOT EXCLUSIVELY, BY
MEANS OF BROADCASTING
CHRISTIAN MESSAGES OF AN
EVANGELISTIC AND TEACHING
NATURE. TO ADVANCE THE CHRISTIAN
RELIGION, MAINLY AMONG ROMANIAN
NATIONALS LIVING IN ENGLAND, FOR
THE BENEFIT OF THE PUBLIC
THROUGH THE HOLDING OF PRAYER
MEETINGS, LECTURES, PUBLIC
CELEBRATION OF RELIGIOUS
FESTIVALS. PRODUCING AND/OR
DISTRIBUTING LITERATURE ON
CHRISTIANITY TO ENLIGHTEN OTHERS
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 THE TRUSTEES HAVE HAD REGARD
TO THE CHARITY COMMISSION
GUIDANCE ON PUBLIC BENEFIT.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38

Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 ALL ARE WELCOME TO ATTEND OUR
REGULAR SERVICES. AT PRESENT
THERE ARE 59 MEMBERS OF THE
CHURCH, AND WE HAVE 2-5 VISITORS
EVERY SUNDAY. EUCHARISTIC
WORSHIP IS AT THE CENTRE OF OUR
CHURCH LIFE. MASS IS CELEBRATED
ON SUNDAY EVERY OTHER WEEK. THE
CHILDREN AND YOUNGER MEMBERS
OF THE CHURCH TAKE AN ACTIVE
PART IN KIDS MINISTRY AS SINGERS
AND READERS, PARTICIPATING AT
GAMES AND CRAFT ACTIVITIES. FOR A
CHURCH, AND FOR LOCAL FAMILIES
AND THEIR NEIGHBOURS, OCCASIONS
SUCH AS WEDDINGS AND BAPTISMS
ARE SIGNIFICANT AT SEVERAL
LEVELS, BOTH AS SPECIAL EVENTS OF
THE CHURCH AND ALSO AS
AFFIRMATIONS OF FAMILY LIFE AND
RELATIONSHIPS. WE HAD A BAPTISM
SERVICE OF 5 PERSONS IN June 2024.
VARIOUS CHURCH ACTIVITIES IN 2024
HELPED TO STRENGTHEN OUR LINKS
WITH CHURCHES AND
ORGANISATIONS ELSEWHERE. WE
WERE INVITED TO A CONFERENCE IN
ARAD, ROMANIA AND OUR WELCOME
TEAM HAD A CONSTRUCTIVE TIME
AWAY. PASTORAL CARE: IN 2024 THE
PASTOR ,THE DEACON AND THE
WORSHIP LEADER LOOKED AFTER ALL
MEMBERS OF THE CHURCH. WE
PREPARED THE CHURCH SERVICES
AND ALL OTHER CHURCH ACTIVITIES.
AS CHRISTIANS WE BELIEVE THAT
PEOPLE'S SPIRITUAL NEEDS CANNOT
BE ADDRESSED WITHOUT
CONSIDERING THEIR PHYSICAL
NEEDS. THE CHURCH HELPED
FINANCIALLY ONE FAMILIY WHO WERE
IN NEED AND WENT THROUGH A
DIVORCE. ECUMENICAL
RELATIONSHIPS: IT IS IMPORTANT TO
US TO EMPHASISE AND DEVELOP OUR
LINKS WITH FELLOW CHRISTIANS OF

OTHER DENOMINATIONS AS WE SEEK TO MAKE KNOWN THE LOVE OF CHRIST. WE HAD SEVERAL GUESTS COMING TO PREACH STRENGTHENING OUR RELATIONSHIP WITH OTHER CHURCHES. IN 2024 WE WERE VISITED BY BRISTOL BAPTIST CHURCH AND THE 5SOLA CHURCH IN EXETER. VOLUNTEERS: WE ARE MOST GRATEFUL TO ALL THE VOLUNTEERS WHOSE HARD WORK MAKES VERTICAL CHURCH

Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:
Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 THE CHARITY HAS CASH FUNDS AT
THE YEAR END OF £50,188, ALL OF
WHICH IS UNRESTRICTED.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 IT IS THE POLICY OF THIS CHURCH TO
HOLD IN RESERVES THE EQUIVALENT
OF TWO MONTHS GENERAL RUNNING
COSTS AND AN ADDITIONAL ONE
MONTH’S SALARY COSTS. IT IS ALSO
OUR POLICY TO HOLD AN AMOUNT
FOR UNEXPECTED EXPENDITURE.
THIS POLICY WILL BE REVIEWED IN
TWELVE MONTHS’ TIME, APART FROM
THE MISSION PROJECT ELEMENT
WHICH WILL BE REVIEWED IN SIX
MONTHS’ TIME WHEN THE SITUATION
IS CLEARER
Amount of reserves held Para 1.22 THE VERTICAL CHURCH YEOVIL
BELIEVES THAT, AT PRESENT, WE
HAVE £10,000 IN RESERVES ABOVE
WHAT IS REQUIRED AND WILL
CONSIDER HOW THESE FUNDS MIGHT
BE USED FOR LOCAL MISSION AND
OUTREACH
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 NO FUNDS ARE IN DEFICIT
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 NO UNCERTAINTIES ABOUT THE
CHARITY CONTINUING AS A GOING
CONCERN. THE CHARITY HAS
SUFFCIENT FUNDS TO OPERATE FOR
THE FORESEEABE FUTURE.
Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:
The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 THE CHARITY’S PRINCIPAL SOURCES
OF FUNDS IS FROM DIRECT MEMBERS
DONATIONS AND SUNDAY
COLLECTIONS.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)

Para 1.25
CIO – FOUNDATION – REGISTERED 14
JANUARY 2020
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO – FOUNDATION – REGISTERED 14
JANUARY 2020
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 APPOINTED CHARITY TRUSTEES (A)
APART FROM THE FIRST CHARITY
TRUSTEES, EVERY
APPOINTEDTRUSTEE MUST BE
APPOINTED FOR A TERM OF THREE
YEARS BY A RESOLUTION PASSED AT
A PROPERLY CONVENED MEETING OF
THE CHARITY TRUSTEES. (B) IN
SELECTING INDIVIDUALS FOR
APPOINTMENT AS
APPOINTEDCHARITY TRUSTEES, THE
CHARITY TRUSTEES MUST HAVE
REGARD TO THE SKILLS, KNOWLEDGE
AND EXPERIENCE NEEDED FOR THE
EFFECTIVE ADMINISTRATION OF THE
CIO. 10.2 EX OFFICIO TRUSTEE (A) THE
PASTOR FOR THE TIME BEING ("THE
OFFICE HOLDER") SHALL
AUTOMATICALLY ("EX OFFICIO") BE A
CHARITY TRUSTEE, FOR AS LONG AS
HE OR SHE HOLDS THAT OFFICE. (B) IF
UNWILLING TO ACT AS A CHARITY
TRUSTEE, THE OFFICE HOLDER MAY:
(I) BEFORE ACCEPTING APPOINTMENT
AS A CHARITY TRUSTEE, GIVE NOTICE
IN WRITING TO THE TRUSTEES OF HIS
OR HER UNWILLINGNESS TO ACT IN
THAT CAPACITY; OR (II) AFTER
ACCEPTING APPOINTMENT AS A(II)
AFTER ACCEPTING APPOINTMENT AS
A CHARITY TRUSTEE, RESIGN UNDER
THE PROVISIONS CONTAINED IN
CLAUSE 12 (RETIREMENT AND
REMOVAL OF CHARITY TRUSTEES). (C)
THE OFFICE OF EX OFFICIO CHARITY
TRUSTEE WILL THEN REMAIN VACANT
UNTIL THE OFFICE HOLDER CEASES
TO HOLD OFFICE. 10.3 NOMINATED
TRUSTEES (A) DR CIPRIAN COCIUBA,
MR LAZAR-STEFAN IONITA AND MR
OVIDIU MOCANU ("THE APPOINTING
BODY") MAY APPOINT FOUR CHARITY
TRUSTEES. (B) ANY APPOINTMENT
MUST BE MADE AT A MEETING HELD
ACCORDING TO THE ORDINARY
PRACTICE OF THE APPOINTING BODY.
(C) EACH APPOINTMENT MUST BE FOR
A TERM OF THREE YEARS. (D) THE
APPOINTMENT WILL BE EFFECTIVE

FROM THE LATER OF: (I) THE DATE OF THE VACANCY; AND (II) THE DATE ON WHICH THE CHARITY TRUSTEES OR THEIR SECRETARY OR CLERK ARE INFORMED OF THE APPOINTMENT. (E) THE PERSON APPOINTED NEED NOT BE A MEMBER OF THE APPOINTING BODY. (F) A TRUSTEE APPOINTED BY THE APPOINTING BODY HAS THE SAME DUTY UNDER CLAUSE 9.1 (FUNCTIONS AND DUTIES OF CHARITY TRUSTEES) AS THE OTHER CHARITY TRUSTEES TO ACT IN THE WAY HE OR SHE DECIDES IN GOOD FAITH WOULD BE MOST LIKELY TO FURTHER THE PURPOSES OF THE CIO.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name Vertical Church Yeovil
Other name the charity uses
Registered charity number 1187354
Charity’s principal address YEOVIL BAPTIST CHURCH
SOUTH STREET
YEOVIL
BA20 1QF

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Lazar- Stefan
Ionita
Trustee Since 1 June 2024
Ovidiu Emanuel
Mocanu
Trustee
Dr Ciprian Cociuba Trustee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Lazar – Stefan Ionita LS Ionita
Dr C Cociuba
Lazar – Stefan Ionita
O E Mocanu

Trustees
31/10/2025
31/10/2025
Vertical Church Yeovil Vertical Church Yeovil Vertical Church Yeovil Vertical Church Yeovil Vertical Church Yeovil 1187354 1187354 1187354 CC16a
For the period
from
1-Jan-24 To 31-Dec-24
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
Restricted funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
Contributions -
33,875-
-
--
-
--
-
33,875-
-
34,059-
Donations -
9,963-
-
--
-
--
-
9,963-
-
7,325-
Marriage Course -
1,600-
-
--
-
--
-
1,600-
-
--
Picnic -
1,019-
-
--
-
--
-
1,019-
-
--
Christmas Market -
110-
-
--
-
--
-
110-
-
--
HMRC Gift Aid -
9,919-
-
--
-
--
-
9,919-
-
--
Summer Camp -
--
-
--
-
--
-
--
-
3,150-
Conference -
--
-
--
-
--
-
--
-
422-
Sub total(Gross income for AR) -
56,486-
-
--
-
--
-
56,486-
-
44,956-
A2 Asset and investment sales,
(see table).
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total
Total receipts
A3 Payments
-
--
-
--
-
--
-
--
-
--
-
56,486-
-
--
-
--
-
56,486-
-
44,956-
Sunday School Expenses -
2,278-
-
--
-
--
-
2,278-
-
3,687-
Teenagers Expenses -
944-
-
--
-
--
-
944-
-
--
Welcome Expenses -
971-
-
--
-
--
-
971-
-
317-
A2 Asset and investment sales,
(see table).
- -- - -- - -- - --
- -- - -- - -- - -- - --
Sub total - -- - -- - -- - -- - --
**Total receipts ** - 56,486- - -- - -- - 56,486- - 44,956-
A3 Payments
Sunday School Expenses - 2,278- - -- - -- - 2,278- - 3,687-
Teenagers Expenses - 944- - -- - -- - 944- - --
Welcome Expenses - 971- - -- - -- - 971- - 317-

CCXX R1 accounts (SS)

31/10/2025

1

Worship Expenses -
2,344-
-
--
-
--
-
2,344-
-
--
Worship Equipment -
3,332-
-
--
-
--
-
3,332-
-
--
Pastor Expenses -
3,600-
-
--
-
--
-
3,600-
-
3,600-
Admin Expenses -
4,800-
-
--
-
--
-
4,800-
-
--
Media Expenses -
1,623-
-
--
-
--
-
1,623-
-
9,530-
Accountant Expenses -
1,940-
-
--
-
--
-
1,940-
Church Rent -
6,800-
-
--
-
--
-
6,800-
-
4,950-
Donations -
2,900-
-
--
-
--
-
2,900-
-
5,790-
Leaders Training Expenses -
3,320-
-
--
-
--
-
3,320-
-
5,450-
Special Events Expenses -
6,965-
-
--
-
--
-
6,965-
-
10,452-
Marriage Course Expenses -
2,952-
-
--
-
--
-
2,952-
Summer Camp Expenses -
6,630-
-
--
-
--
-
6,630-
Bank Charges -
102-
-
--
-
--
-
102-
Other Expenses -
1,983-
-
--
-
--
-
1,983-
-
1,920-
Sub total -
53,484-
A4 Asset and investment
purchases, (see table)
-
53,484-
-
--
-
--
-
53,484-
-
45,696-
A4 Asset and investment
purchases, (see table)
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total -
--
Total payments -
53,484-
Net of receipts/(payments) -
3,002-
A5 Transfers between funds
-
--
A6 Cash funds last year end
-
47,186-
Cash funds this year end -
50,188-
-
--
-
--
-
--
-
--
-
53,484-
-
--
-
--
-
53,484-
-
45,696-
-
3,002-
-
--
-
--
-
3,002-
-
740-
-
--
-
--
-
--
-
--
-
--
-
47,186-
-
--
-
--
-
47,186-
-
47,926-
-
50,188-
-
--
-
--
-
50,188-
-
47,186-
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
to nearest £
Restricted funds
Endowment
funds
to nearest £
to nearest £

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted funds Endowment
Categories Details funds funds
to nearest £ to nearest £ to nearest £

CCXX R2 accounts (SS)

31/10/2025

2

B1 Cash funds Bank Account -
50,188-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
Total cash funds
(agree balances with receipts and payments account
(s))
Details
Details
Details
-
50,188-
-
--
-
--
OK
Unrestricted
funds
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
Fund to which asset
belongs
Fund to which asset
belongs
Restricted funds
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
Cost (optional)
-
--
-
--
-
--
-
--
-
--
Cost (optional)
-
--
-
--
Endowment
funds
to nearest £
-
--
-
--
-
--
-
--
-
--
Current value
(optional)
-
--
-
--
-
--
-
--
-
--
Current value
(optional)
-
--
-
--
-
--
-
--

CCXX R3 accounts (SS)

31/10/2025

3

- -- - --
- -- - --
- -- - --
- -- - --
- -- - --
- -- - --
- -- - --
Fund to which Amount due When due
Details liability relates (optional) (optional)
B5 Liabilities - --
- --
- --
- --
- --
Signed by one or two trustees on behalf of
all the trustees
Signature Print Name Date of approval
Lazar - Stefan Ionita Lazar - Stefan Ionita 31/10/2025

CCXX R4 accounts (SS)

31/10/2025

4

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name Vertical Church Yeovil members of On accounts for the year 31 December 2024 Charity no 117354 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2024.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: D Frost Date: 31/10/25 Name: Debra Frost Relevant professional FCCA qualification(s) or body (if any): Address: 20 Burroughes Avenue Yeovil BA21 3JU

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

1

October 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER